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1st Meeting of the Christmas Savings Club

Family Balance Sheet

As outlined in the first post , your goal this past month was to create a budget for your Christmas spending. Once you have a gift budget for 2013 that you are comfortable with, divide that number by eleven. That final number will be your goal to save each month between now and November 25, 2013. So, how did I do in January?

Christmas 127
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An Easy Way to Save for Irregular Expenses

For the Mommas

The term “sinking fund” was originally a business term used to designate a savings account where a corporation holds funds for the repayment of a debt in order to improve their liquidity. In personal finance, a sinking fund is a savings account that is designated specifically for an irregular expense.